It represents a return equivalent to about 13% if paid out to shareholders. The loss of $37M in revenue represents 20% to total revenue in the last 12 months. Given they expect no impact to profit from 1 July 23 onwards, we will incur these costs in the next few months. This also suggest that this segment of the business contributed no profit to the group in the last 6 months anyway. This will increase margin and hopefully allow focus onto profit generating segments. It seems like prudent action by management.
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Last
73.0¢ |
Change
-0.010(1.35%) |
Mkt cap ! $71.34M |
Open | High | Low | Value | Volume |
73.0¢ | 73.0¢ | 73.0¢ | $622 | 852 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4148 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
74.0¢ | 31671 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4148 | 0.730 |
4 | 23429 | 0.720 |
2 | 12000 | 0.710 |
1 | 10000 | 0.705 |
1 | 1428 | 0.700 |
Price($) | Vol. | No. |
---|---|---|
0.740 | 31671 | 4 |
0.745 | 589 | 1 |
0.750 | 4500 | 1 |
0.760 | 9000 | 1 |
0.770 | 31384 | 2 |
Last trade - 10.23am 14/05/2024 (20 minute delay) ? |
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SHM (ASX) Chart |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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